Corrupt CFOs Thrive in Small Town America

by | May 7, 2004 | Articles, Cultural Considerations, Finance

Improbable trivia quiz:  What do Adelphia, Tyco, and Worldcom have
in common?

Being headquartered in very very small towns:  Respectively, Coudersport,
PA (pop: 5,390), Portsmouth, NH (pop: 21,000) and Clinton, Miss. (pop:
25,000).

And according to no less a figure than Richard
Breeden, former SEC chairman,
isolation increases pressure on the financial staff to accede to pressures
to engage in shenanigans.

Yet another reason you should be in New York.

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